CBA will spend $90 million to prepare its workforce for the impact of AI

The Commonwealth Bank will spend $90 million over the next three years to prepare its more than 30,000 employees for expected role changes driven primarily by the impact of AI.

The bank unveiled its so-called Future Workforce Program yesterday, with CEO Matt Comyn saying it was about “transparency and opportunity” for bank employees.

The aim, according to the bank, is “to help the employees…”